SUMMERSIDE BUSINESS COMMONS

An entirely new lease on business WHERE SHARED SERVICES AND OPEN SPACES MAKE ALL THE DIFFERENCE

SUMMERSIDE BUSINESS COMMONS Summerside Business Commons is the newest and most advanced business location for companies seeking a balance between sustainability and efficiency. It is where some of the most talented people converge to create and innovate in a business environment that enhances success.

MISSION SUMMERSIDE TO PROVIDE A FUNCTIONAL, SAFE AND INNOVATIVE SPACE WHERE WORK/LIFE BALANCE IS REDEFINED FOR MANUFACTURING AND PROCESS EXPORT BUSINESS ORIENTED BUSINESS

CITY OF SUMMERSIDE SUMMERSIDE BUSINESS COMMONS PRINCE EDWARD ISLAND COMMONS SUMMERSIDE

This 14-acre Eco Industrial Summerside Business Commons is an integrated light manufacturing/processing hub park is located in the heart that maximizes productivity while minimizing of Summerside, close to all resources. Intelligent green features, a wide array of building solutions—including facility amenities and services. It sharing, energy and water management— offers 115,000 square feet are overseen and managed by an experienced of leasable space and is team of professionals who will constantly and continuously work together with the designed for optimum community and the environment to support 2 energy and cost-effectiveness a sustainable platform for tenant success. COMPARED TO , VANCOUVER, CALGARY, LONDON, DENVER, AND NEW YORK, PRINCE EDWARD ISLAND OFFERS COST ADVANTAGES AS MUCH AS 20% ON LABOUR AND 30% ON FACILITY LEASING 3

CITY OF SUMMERSIDE SUMMERSIDE BUSINESS PRINCE EDWARD ISLAND COMMONS SUMMERSIDE BUSINESS COMMONS IS THE NEW BENCHMARK OF LIGHT INDUSTRIAL PARKS FOR THE FUTURE. LOTS ARE READY FOR TENANTS TODAY.

PEI HAS YEAR-ROUND ACCESS TO A READILY AVAILABLE AND QUALIFIED TALENT POOL

Food Manufacturing/Processing Cluster Energy and Innovation Cluster Bio Science Cluster INNOVATIVE AND UNIQUE FEATURES ARE AN INTEGRAL PART OF PARK DESIGN ENVIRONMENTAL ç Convenient linkages with adjoining businesses ENERGY-EFFICIENT BUILDINGS ç Access to nearby public lands and open space ç Reduced upfront infrastructure costs including parking, PASSIVE HEATING, COOLING AND VENTILATION storm water management and roads ç Passive heating, cooling and ventilation through optimized lot REDUCED ELECTRICAL and building orientation CONSUMPTION ç Reduced development footprints including warehouse space, REDUCED FOOTPRINTS FOR building clustering and shared services through maximized WAREHOUSING, BUILDINGS land-use efficiency AND SERVICES ç Shared parking to reduce capital costs NATURALIZED STORM WATER ç Shared shipping and receiving to reduce capital costs MANAGEMENT POND ç Energy storage to reduce electrical consumption and store energy on an industrial scale ç Ease of bike and pedestrian travel to surrounding areas ç Natural storm water system ç Energy-efficient buildings SERVICES

ENERGY STORAGE ON ROOM TO BREATHE AN INDUSTRIAL SCALE SPACE TO MOVE FULL FIBER OPTICS 3-PHASE POWER BEAUTY TO BEHOLD SHARED PARKING LIFE TO LIVE EV CHARGING STATIONS BACK-UP POWER SYSTEMS

PROPERTIES LIFESTYLE

FULLY SERVICED LOTS COMPATIBLE TENANTS FROM .8 TO 1.5 ACRES LINEAR PARK WITH BUILD-TO-SUIT FROM WALKING AND CYCLE PATHS 15,000 TO 25,000 SF PROXIMITY TO LOCAL SHARED SHIPPING & AMENITIES RECEIVING OPEN PUBLIC SPACES SHARED PARKING

M1 ZONING (LIGHT INDUSTRIAL) 5

CITY OF SUMMERSIDE SUMMERSIDE BUSINESS PRINCE EDWARD ISLAND COMMONS SUMMERSIDE BUSINESS COMMONS SETTING THE STANDARD FOR BUSINESS PARKS

The City of Summerside is on an ambitious Energy Storage journey to bring next-generation flexible Cutting-edge energy storage and management manufacturing, processing and incubation technology means lower expense and space to the marketplace. For this purpose, higher savings. the City acquired 14 undeveloped acres within its industrial heartland. This proper- Building Orientation ty has undergone significant changes since Lot position matched to building design uses acquisition in 2019 and with critical infra- sun power to optimize heating and cooling structure near completion, attention now efficiency. switches to building. Window Design A STUNNING ECO AGENDA Strategically positioned and sized windows ensure balance between light, heat gain/loss The City is taking a strong stance on and view. solidifying its identity as the “Greenest City in Prince Edward Island” and to maintain that reputation—and building on substantive Green Mobility The agenda of the Eco Park includes the efforts—we are seeking partnerships, latest in vehicle charging technologies to collaboration and tenants concerned with support our renewable agenda. maximizing the physical building space within our park. Renewable Water 100% water management maximizes use Park infrastructure is designed to encourage of rain for naturalized pond and landscape stunning landscaped and light-filled watering. contemporary spaces to enhance a culture of productivity and personal enrichment. Each building is envisioned Water Conservation All buildings are equipped with the very to be fitted with a host of green features latest in water-saving technologies. to keep resource-use low and carbon footprints minimal.

GOALS 6 TO ENSURE QUALITY, ECONOMIC TO STRIKE A BALANCE BETWEEN SOCIAL VITALITY AND SOCIAL BENEFITS AND ECONOMIC BENEFITS WHILE ENSUR- THROUGH THE PLANNING OF THE PARK, ING TENANT SPACE IS INNOVATIVE, COST ITS BUILDINGS AND TENANT MIX EFFECTIVE AND EMBRACES NATURE STRATEGIC LOCATION

Summerside Business Commons is fast becoming the most sought-after business address in the city. Minutes from the City Centre, major highways, Summerside Port and , it provides a logistical hub for business.

Situated in Prince Edward Island (PEI) 24-hour development cycle on ’s East Coast between North America, Europe and Asia 7 Direct access to U.S. and Canadian markets

CITY OF SUMMERSIDE SUMMERSIDE BUSINESS PRINCE EDWARD ISLAND COMMONS Situated in Prince Edward Island (PEI) on Canada’s East Coast Direct access to U.S. and Canadian markets

8 1 Summerside Airport 2 Highway Linkage to Mainland 3 Summerside Credit Union Place Recreational Complex KPMG STUDIES SHOW A SAVING 4 City Centre OF ALMOST 42% ON LEASES AND 5 Port of Summerside A 15% SAVING ON PROPERTY TAXES COMPARED TO THE CANADIAN NATIONAL AVERAGE WHEN LOCATING IN PEI. FOR MOST BUSINESS THAT COULD TRANSLATE TO A 2% OF SALES REDUCTION IN FACILITY COSTS. 9

CITY OF SUMMERSIDE SUMMERSIDE BUSINESS PRINCE EDWARD ISLAND COMMONS AN ENTIRELY NEW LEVEL IN DESIGN

Summerside Business Commons is Prince Edward Island’s first eco-business park, offering world-class facilities with smart,

environmentally friendly and resource- CONFEDERATION TRAIL saving features. Shared services and open

69.757 m spaces set the park far apart from other S 46°08'11" E business and industrial locations. Unique design and purposeful attributes ensure ZONING SETBACKS - NO BUILD ZONE a perfect platform for business and industry to flourish and grow long term. 110.417 m

N 13°36'06" E

GREENWOOD DR. BUILDABLE AREA INNOVATIVE FEATURES LOT #1 4,414 m2 1.59 acres (47,512SF) We have designed and developed park

infrastructure to encourage: 89.191 m S 12°22'35" W

æ Convenient linkages with adjoining N 33°59'57" W businesses 22.350 m

æ Access to nearby public lands and N 77°51'22" W open space 45.669 m YET TO BE NAMED DR. æ Reduced upfront infrastructure costs including parking, storm water management and roads æ Passive heating, cooling and ventilation through optimized lot and building orientation æ Reduced development footprints CONFEDERATION TRAIL including warehouse space, building

clustering and shared services through 148.134 m 83.190 m S 46°36'35" E maximized land-use efficiency N 12°24'13" E LOT #2 ADVANCED 1.41 acres MANUFACTURING N 77°48'57" W 127.019 m 10 PARKING LOT

6.439 m

S 12°11'03" W 82.880 m S 77°52'54" E

72.667 m

S 12°10'53" W

PARKING LOT 43.624 m

N 12°11'20" E LOT #3 PARKING LOT LOT #4 0.98 acres 0.79 acres

S 35°59'47"47.620 W m N 77°57'12" W 63.657 m S 77°52'54" E

97.780 m

PARKING LOT 92.552 m 98.725 m S 77°50'15" E PARKING LOT N 77°50'46" W

55.933 m

55.892 m

N 12°19'19" E GREENWOOD DR. LOT #6 S 12°07'06" W LOT #5 1.28 acres 1.36 acres

55.869 m

S 12°07'06" W

56.049 m

N 12°11'20" E N 77°52'37" W S 77°45'19" E 92.751 m 98.656 m

YET TO BE NAMED DR.

43.080 m 22.647 m N 77°51'19" W S 63°52'03" W INFRASTRUCTURE

CITY WIND ENERGY LOT #7 LED STREETLAMPS FOR 67.035 m LOWER ENERGY CONSUMPTION GREENWOOD DR. 1.20 acres S 13°25'36" W

81.067 m N 12°11'17" E RAINWATER HARVESTING FOR PARKING LOT WATER CONSERVATION VEHICLE CHARGING STATIONS S 77°50'15" E 62.297 m VEGETATION TO REDUCE WINDFORCE EARTH BERM / BANKING NATURAL TRAILS CONNECTING 11 TO AREA AMENITIES

CITY OF SUMMERSIDE SUMMERSIDE BUSINESS PRINCE EDWARD ISLAND COMMONS Every lot and building have been designed The full range of units available in the park with purpose and maximum efficiency. Each is designed on a flexi space concept. These building takes advantage of everything from clean, green and energy-efficient spaces are solar orientation, the natural topography customizable to suit the most stringent of of the land, concentrated development, requirements and can be utilized for light linkages to local and regional amenities, manufacturing including food and bio indus- storm water management, natural tries, research and development laboratory 12 surroundings and energy efficiencies. space, and retail and office… with no need to pay for amenities that are rarely used. WITH THE NATION’S HIGHEST PARTICIPATION RATES AND SINGLE-DIGIT TURNOVER, THE STABILITY AND WORK ETHIC OF THE PEI LABOUR FORCE PROTECTS YOUR INVESTMENT

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CITY OF SUMMERSIDE SUMMERSIDE BUSINESS PRINCE EDWARD ISLAND COMMONS PHASE 1 DEVELOPMENT …BUILD-TO-SUIT OPPORTUNITIES

Summerside Business Commons offers vast experience in build-to-suit expertise for all WELCOME TO YOUR types of business and is currently accepting expressions of interest for Phase 1 leasing. FUTURE Focus is on entrepreneurial export-based businesses with value-added supply chains that manufacture products or services, THE CITY’S GOAL IS TO GROW businesses that will create jobs in Summerside. SMALL-TO-MEDIUM BUSINESSES The plan is to build a cluster of like-minded FROM A WIDE RANGE OF INDUSTRIES, businesses in a multi-tenant facility at the INCLUDING BUT NOT LIMITED TO: core of the park. Within such premises, we believe tenants will enjoy adaptable lease æ Manufacturing and Value-Added terms and competitively priced/flexible Manufacturing Enterprise space that is cost-effective to maintain and æ Research and Development Enterprise in operate, in an environment that promotes productivity. Renewable Technologies, Bio, IT related and advanced IT Systems development æ IT Software Development Companies æ Value Added Food Processors æ Exportable products and service manufactured in Summerside æ Clean Technology æ Innovative Renewable Energy æ Natural Health Products æ Engineering æ Bio-science æ Bio-resource

CURRENT LEASING OPPORTUNITIES 14 BEING DEVELOPED FOR 2020/2021 RESEARCH AND DEVELOPMENT ENTERPRISE IN RENEWABLE TECHNOLOGIES, BIO, IT RELATED AND ADVANCED IT SYSTEMS DEVELOPMENT

AN ENTIRELY NEW LEASE ON BUSINESS

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CITY OF SUMMERSIDE SUMMERSIDE BUSINESS PRINCE EDWARD ISLAND COMMONS PARK COVENANTS Summerside Business Commons is zoned Light Industrial M1. The purpose of this zone is to accommodate light industrial and other compatible non-noxious industrial uses, together with some supporting and complementary commercial uses.

The M1 zone allows a number of industrial and commercial land uses. Some of these uses are not complementary with our vision and goals for creating an eco-park. An “Eco-Park Covenants Agreement” shall establish allowable uses and identify uses that will not be allowed.

All developments shall be constructed in accordance with minimum development standards as defined in the M1 zone.

DEVELOPMENT STANDARDS

The City will require a restrictive covenants M1 zone m ft agreement to ensure terms are enforceable Lot area 1,400 15,069.6 upon future owners. A Park Covenants agreement will form part of the leasing agreement. Lot depth 0 0

Frontage 30 98.4 WE BRING CLARITY TO THE Front yard 7.5 24.6 INVESTMENT PROCESS AND ENSURE YOUR SUCCESS IN ONE Side yards 5 16.4 OF CANADA’S MOST PRO-BUSINESS CITIES. SECTOR STRENGTHS Rear yard 6 19.7 INCLUDE AEROSPACE, IT, Max. height 18.5 60.7 RENEWABLE ENERGY AND ECO-BUSINESSES. Flankage yard 5 16.4

16 LEASING INQUIRIES

FOR AN ENTIRELY NEW LEASE ON BUSINESS CALL 902.432.0103

Learn more about Summerside Business Commons lots or make an appointment to review planning and technical information.

CONTACT:

Michael Thususka, GE, BBA, Ec.D. Director of Economic Development City Of Summerside

275 Fitzroy Street Summerside PE C1N 1H9 Mobile: +1 902.432.0103 Email: [email protected] Web: www.bigpossibilities.ca

INNOVATIVE RENEWABLE ENERGY

CITY OF SUMMERSIDE SUMMERSIDE BUSINESS PRINCE EDWARD ISLAND COMMONS

æ ADVANCED MANUFACTURING æ CLEAN TECHNOLOGY æ IT SOFTWARE DEVELOPMENT COMPANIES æ NATURAL HEALTH PRODUCTS æ VALUE ADDED FOOD PROCESSING æ ENGINEERING æ EXPORTABLE PRODUCTS AND SERVICE æ BIO-SCIENCE

MANUFACTURED IN SUMMERSIDE æ BIO-RESOURCE SUMMERSIDE OVERVIEW

SMALL CITY, OCEANSIDE LOCATION BIG OPPORTUNITY Summerside’s oceanside location provides marine opportunities, bolstered by the One of the most important aspects of enabling presence of our airport and tight Summerside is its size. As a small city, it is clustering of dominant business sectors uniquely positioned to provide big opportunity. including agri-food, manufacturing, aerospace Progressive by design, the City offers and technology. Summerside has a strong municipal incentives for business, a quality image defined by its history, heritage architecture, of life second to none, educated residents, and the unique charm of its people. great housing value and continuing growth in census numbers. Committed partners The Summerside region is geographically at all levels of government, private sector small, which makes it easy (by big city engagement, infrastructure matching any standards) to get around, and the urban core North American city and pursuit of a green is compact and walkable. Proximity to other agenda make Summerside an investment major markets offers business and residents location of choice. easy access to recreational and business opportunities with a high quality of life, Summerside is a community with big excellent public services, moderate climate ambitions. Our economy is comprised of and sound local government. The City over 850 companies including Fortune 1000 of Summerside is committed to ensuring that leaders and representing a diverse mix of the economy is prosperous, innovative and traditional and emerging industries. Diversity entrepreneurial, while remaining a vibrant means stability and small size implies agility. centre for government, business and Over 75 per cent of the City’s enterprises cultural activity. have between 1 and 10 employees, while the balance is comprised of large corporate and public institutions. Summerside provides THE TOOLS FOR SUCCESS a truly flexible and adaptive environment for Summerside is a community where enabling investment and comes with a reputation infrastructure provides residents and business as the North American near-shore location with some of the most exceptional and acces- of choice for key business sectors. sible tools for success. Aside from the obvious advantages of a municipality which owns and operates its own critical infrastructure— highly advantageous to running a business— Summerside is emerging as a leader on Prince Edward Island by investing in green services.

PEI CORPORATE INCOME TAX REBATE PROGRAM FOR AEROSPACE 20 FIRMS RESULTS IN NET PROFIT REPORTS ALMOST 110% HIGHER THAN NATIONAL AVERAGE A PERFECT BUSINESS LOCATION Summerside is a perfect location for business, providing accessible technology, adaptable human resources via local institu- tions, and programs that produce graduates with requisite workforce capabilities. It also offers business financing through access to institutions that provide capital support for development and expansion; road, sea, air and other distribution networks, advanced communications in the high-speed/broad- band marketplace, and a favourable busi- ness climate in terms of tax, regulatory and administrative requirements. A fine quality of life is readily attainable through affordable housing, exceptional health care and access to recreational and cultural activities.

EASY ACCESS MAJOR ASSETS Summerside offers direct major highway æ Our growing business clusters have access, a first-class airport, and is centrally developed a solid critical mass to stimulate located less than 20 minutes from Confed- additional growth, from aerospace to advanced eration Bridge and a mere 45-minute drive manufacturing companies. from Charlottetown. We are close to major æ Prince Edward Island and Summerside Maritimes centres: 1.5 hours, in particular offers one of the lowest cost Halifax 3 hours. production environments in North America, as well as attractive financial incentive programs. QUALITY OF LIFE æ Centrally located on Prince Edward Island, Summerside gets an A+ on quality-of-life Summerside provides easy access to both the indicators. With its pristine environment and local market and the world. Over 20 million traditional ties, the City offers a high quality people reside within a day’s drive. of living that is hard to match in today’s world. Residents enjoy activities within city limits æ The Island’s facilitates communi- which are seldom found in any single location. cation with both the West Coast and Europe (+4 hours to Los Angeles / –4 hours to London) Summerside continues to invest in infrastruc- ture, including quality drinking water, æ Our international partnerships and collabora- recreational facilities, health care facilities tions span the globe with companies like and other exciting and progressive commu- Samsung SRE, Airbus, Honeywell and many more. nity assets. The City’s downtown and water- æ Unparalleled lifestyle and attractive front are undergoing many changes, blending housing prices. old architecture with the new, offering quaint restaurants, cafés, services and a wide range 21 of leisure activities.

CITY OF SUMMERSIDE SUMMERSIDE BUSINESS PRINCE EDWARD ISLAND COMMONS SUMMERSIDE IN NUMBERS

Summerside Population: 14,829

Median Age: 46.7

Population by Gender (Percentage): Male: 47.1% Female: 52.9%

Multilingual Population in Summerside %: 17.0%

Percent of Summerside Achieving Post Secondary Degree: 47.1%

Average value of dwelling: $156,909

Median Income in Summerside: $52,143 (households)

% of workers living and working in Summerside: 57.8%

% of workers commuting to Summerside: 42.2%

Summerside Commercial Tax Rate: 1.90 per $100 assessed value

Trade Area Population: 45,000

Summerside Labour Force: 7,480

Summerside Top 3 Labour Sectors— 1. Retail trade: 15.2% Industry and %: 2. Manufacturing 14.6% 3. Public Administration 13.1%

Total Number of Businesses in Summerside: 850

Distance to Confederation Bridge: 26 km

Distance to Summerside Airport: 6 km

Distance to Summerside Harbour: 2 km

Distance to : 57 km

Percent of Renewable Energy Generated in Summerside: 62%

22 BASED ON A KPMG STUDY OF MANUFACTURING, AEROSPACE, FINANCIAL SERVICES, SYSTEM DEVELOPMENT AND TESTING, A COMPANY WITH $40,000,000 IN SALES COULD REALIZE ANNUAL SAVINGS IN OPERATING COSTS OF $750,000 WHEN COMPARED TO THE CANADIAN AVERAGE. IN THE R&D FIELD, SAVINGS COULD BE AS HIGH AS 3.6% OF SALES.

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CITY OF SUMMERSIDE SUMMERSIDE BUSINESS PRINCE EDWARD ISLAND COMMONS

PROGRAMS AND INCENTIVES BOOST GROWTH THROUGH STRATEGIC INVESTMENT WHERE COMPANIES NEED IT MOST. LEARN HOW OUR PROGRAMS CAN HELP YOU SUCCEED. CONTACT OUR TEAM OF PROFESSIONALS TODAY!

MICHAEL THUSUSKA, GE, BBA, EC.D. 275 FITZROY STREET DIRECTOR OF ECONOMIC DEVELOPMENT SUMMERSIDE PE C1N 1H9 CITY OF SUMMERSIDE MOBILE: +1 902.432.0103 EMAIL: [email protected] WEB: WWW.BIGPOSSIBILITIES.CA © City of Summerside, 2020